Carvana said Tuesday it has purchased Carlypso, another disruptor in the auto retail space. Carlypso began as a peer-to-peer car-selling service, eventually becoming a managed marketplace where consumers could access wholesale vehicles directly, Carvana explained in a news release. The companies did not disclose terms of the transaction. Carvana has brought Carlypso co-founders Chris Coleman […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Reuben Muinos, senior director of business development for DealerSocket.  The emailed Q&A is below:  Auto Remarketing: General Motors […] [Read More]

J.D. Power recently announced it has filled its newly created position of chief digital officer. Chosen for the position is Bernardo Rodriguez. Rodriguez is a business, technology and product design leader who most recently served as managing director of strategy at Huge, a global full-service digital agency, according to the consumer insights provider. In his new […] [Read More]

ADAM Systems, provider of dealer management solutions, recently announced that its DMS has been fully integrated with retention solution Xtime Spectrum, a Cox Automotive brand. “We are excited to expand our already extensive offering to our client base. The ADAMConnect API continues to allow us to partner with industry leading solutions, like Xtime Spectrum, and […] [Read More]

MyDealerOnline, whose software lets dealers take wholesale vehicles and places them on the dealership websites, recently announced that Ben Franklin Technology Partners of Southeastern Pennsylvania has invested in the company to bring more exposure to its multi-faceted dealership solution platform. Executives highlighted the late seed round will make it possible for auctions on MyDealerOnline.com to […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Len Short, founder and chief executive officer at LotLinx. The emailed Q&A is below:  Auto Remarketing: What advice would […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Amy Peck, director of managed marketing services at Dominion Dealer Solutions The emailed Q&A is below. Auto […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Steve Lind, general manager at Autotrader. The emailed Q&A is below. Auto Remarketing: You make contact with the […] [Read More]

Drive Motors, which provides ecommerce solutions for car dealers, has completed a $5.2 million round of seed funding. Bullpen Capital led the round and was joined by existing investors Y Combinator, Khosla Ventures, Perkins Coie LLP and Emagen Entertainment Group, among others. Drive Motors began providing online checkout options for dealer websites last year after […] [Read More]

PCG Companies recently became the National Independent Automobile Dealers Association’s newest National Member Benefit partner, and now provides discounts to association members. NIADA members can receive discounted rates on PCG's suite of online specialist certification courses and its library of published works, and they also have access to digital marketing packages.  "This end of our business is moving at […] [Read More]